Global Polyphenol Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

Global Polyphenol Market Overview:

“The global Polyphenol Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031.”

Polyphenols are naturally occurring compounds found majorly in fruits, vegetables, cereals, plants, and beverages. There are over 500 unique type of polyphenols and these chemicals collectively are known as phytochemicals. In the last decade, there has been a rising interest in the potential health benefits of dietary plant polyphenols as antioxidants, which has led to developments of various products of polyphenols.

Increasing demand for polyphenol in food & beverages including functional beverages, dietary supplements, and functional foods, owing to its various health benefits is a major factor driving growth of the market. Rising demand for polyphenol in pharmaceuticals industry to treat eye diseases, diabetes, cardiovascular issues, cancer, and blood pressure, and its use in cosmetic industry for production of various skin related products are other important factors expected to support growth of the global polyphenol market over the forecast period.

Increasing adoption of polyphenol to treat diseases such as heart attack, diabetes, asthma, allergies, arthritis, and preventing hardening of the arteries, owing to its anti-inflammatory properties and rising usage of polyphenol in various weight loss programs are other important factors anticipated to contribute growth to the global polyphenol market.

However, high prices of polyphenol and complex process of extraction of polyphenol from various sources are major factors expected to hamper growth of the global polyphenol market. Easy availability and increasing consumption of various substitutes having similar properties that of polyphenol is another factor expected to hamper growth of this market over the forecast period.

The market in Asia Pacific is expected to dominate the global polyphenol market and account for the highest share in terms of revenue, owing to changing lifestyle, availability of raw materials, rising awareness among individuals regarding various nutritional products, and presence of various market players in countries in the region. The market in Europe is expected to account for second-highest revenue share in market, owing to favorable laws implemented to encourage food & beverages industry and high demand from pharmaceuticals industry in countries in the region. The market in Europe is followed by Asia Pacific, Latin America, and Middle East & Africa.

Global polyphenol market segmentation:

Segmentation by product type:

• Apple
• Green Tea
• Grape Seed
• Others (Cocoa, Olive, Peppermint)

Segmentation by application:

• Functional Food
• Functional Beverages
• Dietary Supplements
• Cosmetics
• Pharmaceuticals
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa